or you're not going to see the collapse. you see when people talk to me. if there is a bubble, as they call it, that happens because people like be repaired and buy a new tire economy is endangered. and that means life as most americans, no one is about to change. 40000000 people took a mortgage in the last 3 years, they moved to higher among people learned, you know, recently became the 3rd california state about bankruptcy. and unlike a homeowner, we can walk away from the mortgage, but more than the hampton work municipality, can i

come back to this property? if considered trip? did you ever think that this warn could become 50 percent of your business? no level. whatever level. yes i found was in the model find out of the world works. your ideology was not right. so i know i jar opener. we need one of those 10 by 17. the,

for the living room. i was 18 counting the counter. seek out this to figure. i've been doing real estate with him since natalie was to, so that's 16 years after the l. a times article in the nightline piece. all that i remember us being just completely crazy busy. i mean as, as great as it was, it was such a blur. it was a blur. yeah. you think when i said blurred, you things that i don't know all the details. i'm just saying blur, meaning it was a blurred time of my life. well, let me add some color because i remember every detail. i'm sure you do the blog was run and i want to talk about the feel because of our connection to countrywide.

they started the lease, they had a supply to be one of the agents. how much do this number 2006 this out for for 1900100 square feet right across the street from the freeway 1000000. so we call a retro water heater vintage a whole lot of way for you are watching this video and you're a realtor and you're jumping off the cast. wait a minute, i represent the buyer. when they paid a 1000000, i want you to put your my tied down and go grabbing a single senate in the area right now. you don't deserve to be licensed. december

$16000000.00 air one who was on that deal to get fired. jim the realtor, there's a lot of trust market place on value. could this be just a value bible where people just keep paying these crazy prices a lot more than they used to just literally a year ago. just because they want to get a house, there really isn't the evidence to help support them that i can say, oh for sure, it's worth it. there's really an ex um, valid concern about valuation when the proof is so thin, it's always been a problem in this industry. there is just that one way to determine what some is worth is. look what other people pick up the other people were crazy. ah,

they were hoping to get $2000000.00 for these up here. you can see the bill. i think a handful of them and gave up. and those are $5.60 square foot hours. everyone was gone by the launcher. get in, or you might get price down forever. because up to that point, no one had seen any previous downturn just wasn't in the vocabulary. and nobody couldn't. realtors ever really saw party is never going to in me i mean the thing about this is, this is fairly, i used to build, i was the engineer who would design and layout and build this stuff. i would worked

on these big development projects. so you would come to us, we want this done, we got to build it. and i sincerely believe that the work i was doing was building a great america. but then i started to ask them questions about what comes next. after we build something, how do we take care of it? what's the cash flow that makes this all work? i started to look at developments that i had worked on or, and run some larger math problems. for example, the developer would come in and build the road. the developer paid all the costs to build. people have been paying their taxes. and the idea was they pay their taxes and then the government would fix this row. the cost was $34000.00 to fix that road . we asked a question, okay, based on the taxes, see collecting from these people? how long is going to take them to recoup the money they just spent answer 79 years . as an engineer,

i knew that road was going to past 2025 years. this doesn't make any sense. the growth creates what we call the illusion of wealth. if you lose money on every transaction, you don't make it up in volume. where are we at today? we're like, way out here, you can look at the run up to the housing crash as a prime example. everybody felt like what we're doing. okay. because, you know, yeah, i made 12000 dollars, housing payments, but my house went up by 40000. i cashed out the difference, i'm doing fine. you're essentially skirting around the core problem, which is that the underlying economy does not work. in 2000, we had 1100 census tracts in this country that you can classify as persistent poverty in 2010. it went from 1100 census tracts to 3300 census 3

times the american geography is now in persistent poverty. our places don't work, they're just designed to decline. if you don't know what was last, you don't look at the place and see like this is decline. 143. if you're 10 years 20 years, 30 years older than me. oh you see it. and so it's really hard for you to get your mind out of that and actually see how this could be a better place. now we have an olive garden, so we've made it right. i don't know, i'm in the middle. it's hard breaking the midwest is heartbreaking. like i'm all the places. this is one of the last ones i live in, but it's home and i, you know, there's a part of me that loves it to like i looked at. and i'm like, i want to help this place. i want to make it. i'm moving a little google streets you guy? yeah. yeah. dance south 6th street. yeah. that was shown delivered

a man that's when we were shop after another. yeah. i know and educated enough to to know that i shouldn't talk about some race things because i realized how ignorant i yeah. i mean i grew up in a city that is 99 percent white and probably still is very close to that. but when you start to get a mixing of people in the community, the other start to move in whether the other is someone of a different race or someone in a different social class. i think it's the colleges that there's a natural human tendency to a sense, like circle the wagons and what zoning did is it gave like this really wonderful tool to be able to write in a more camouflage, kind of raise this way. we don't want those people here. i think the irony today is that it's also now trapped. poor white people like says you owe $250.00 for new

brake lines. doug, what is human? are going to a new member who fits anything for $40.00. why not? they don't. yeah. well not feasible gym and, and fix my refrigerator, my air conditioner, am i got a guy. all right. do you know kareem? abdul jabbar said the hyper problem we had today is less race than it is poverty. and i think he was exactly right. i mean there's a racial element to it, but middle class whites will sacrifice poor whites to there's no racial loyalty there. they're going to kick them to the curb. i have been able to, to travel around the country and experience different communities. it's the same. it's the same thing. so you see across the rust belt and you see across rural america, people struggling and those struggles are kind of shared struggles with people

in urban areas that have long been like when you find that you can no longer get the mortgage, you can no longer cash up equity when you can no longer get the car loan for the new car, your world changes and your experience changes in america becomes like a really cruel place. ah, we're starting to see more and more that is a mainstream experience. how are you going to get your message when even the enzyme here and nobody else can meeting holiday party. all you can create a social contract and make tons of promises. we now live in the day when those promises are coming due. and that's not a left or right thing kind of transcends left and right because neither side understands that they both want to go back to what they thought worked. it didn't work. oh,

i use when i would show the wrong one, i'll just don't the rule. yes. to fill out the thing because the after an engagement equals the trail, when so many find themselves will depart. we choose to look for common ground in the who's

ah, is your media a reflection of reality? the world transformed what will make you feel safer? tycer lation, whole community you going the right way? where are you being somewhere? direct? what is truth? what is in a world corrupted. you need to defend the join us in the

depths or remain in the shallows. ah, ah, baltimore is very similar to many cities in terms of the way that has been read post industrialization between 195-2000 baltimore laws, 100000 manufacturing jobs. so that had a negative effect on people feeling like they have control over the other lives. they weren't around one on a 3. i think i want to be getting ready for the fight. banish college. why any be

going to be reasonable? not only did we will build together port coverage when we build it. it will be our coming to a more digital baltimore, at the heart of this, a new world headquarters for under armor, an opportunity for all the bottom will be big for the more tonight baltimore city council put the stamp of approval on the $660000000.00 for the board coming to project, the developer guaranteed to city affordable housing, jobs, and exchange for the investments are intended to have a mixed income, diverse community. their definition of affordable housing is affordable to families making about $70000.00 per year. so we're saying she can't build a community. what people who are wealthy snarkiness is not helpful to

discuss. so if only gets a moment to the neighborhood, there's still any quality. now, knowledge favor, any opposed? remember, we are creating a structural disadvantage in our american community. but we're creating structural advantage in our way. and that's where we are today. it wasn't till i got older and started understanding politics a little more. and at the same time i started getting real big into black history. about the things that america had done to us that makes the news that spectacular about we readily recognize that balance. right. but we don't recognize red line as slow. we don't recognize putting people in environments where they don't have

opportunity and low. but that's what's going on in baltimore. i was sitting here at my desk watching the police and the children interact on the day of april 27th, 2015. and the children were doing rocks, the police door rocks back at the children. and eventually the police, you know, they're shooting rubber bullets and they deploy tear gas. and at the moment they deploy that tear gas. i'm sitting here and i'm i, i feel like this wait, come right on my chest. and i might, i can't breathe. i couldn't watch them anymore because i knew it was cause i'm sort of busy a logical reaction in my body. it really was powerful, pivotal turning point because everybody went over draft after that, everybody went into throwing themselves into activism and nonprofit work and volunteerism. so

talk about so what is home in naval would you be with a least likely be within your partner? i'm originally from grandma grandma area to me that law section of the neighborhood is everything that, that that was a certain level pains. you've got to go through to be really from baltimore and when you really from a neighborhood that has a reputation, you get was known as a staff. i have my little, you know, only thing. it sands for the last 2 digits of your or you go. so it's really big, you know, to be connected to a neighborhood where people outside of street don't understand. all of this stuff is about legacy. you don't really know where we come from. we don't know our

families. so when you decide that your street, do you put your all into ban street? do is really the only industry that we run. we think we weren't going to go from there. you go up to up under your name. what is your name? what kind of a you want to leave your children? that's a, that's the name of father. let me go anywhere i want to use bottom one. i have a problem because my father was but because i'm not history do. and that's what i feel. okay. those morals, i gotta leave my son. i'm a block in the city, and it's going to be it's going to be a new block. i'm trying to tell you. my help a lot of people just by giving them places to stay and know what i know how to do use his hand. i know too much about real estate to not get him into these homes. that's gonna be my legacy. is going to be my lazy it was really saturday when he started putting money into the horrible infant it was go

back into to naples. i've seen so much change from when i was younger to now coming out, neighborhood, and dangerous. and the me is african americans read into a route and then the neighborhood people who've been here and have been mentally beaten up the entire life is so much that you've got to be mad at that feeling of hopelessness in me. kind of manifested itself into hate. so when you get the opportunity to display anger and can't have, it just goes way be anybody could paint the

guys, he just said, the cbs bar bars, who's the floors go as far as the job

or the embers of the authority to act. they turn out this fire, so i'm going to stop it right here. i just wanted you to see this piece 1st, but i want to do something else and, and to. it's not a young man. was poking a water hose with the pocket knife. why i want you to know that's him right there. right there. the it 21. with no price. i spent 2 is fighting 25 and be was trying to give me more time than i have been on earth. it was scary, but it was eerily familiar because it felt like no matter what i accomplished in my life, being the 1st person to go to college graduate school. i felt like i was told to be there. it's kinda hard for you to take this stuff that we see here and translate it into the humanity other as a person, a 1000000. got

a $1000000.00 and restitution. $100.00 in latin. it's $10000.00 less. anyway, no, anybody live 10000 ice? can't leave the city to my resolution pay. well, we can't, you know, loudly, you, city to presentation pay. these are the struggles they don't make the news. these are the differences. they make people like myself turn off from everybody yourself . you know what i mean? because everybody else, asian, ah, when people make the claim of you know, why would people bring down their own neighborhood? i think it's sort of glib statement to sort of gloss over the fact that many neighborhoods don't have investment to begin with. why was they burned down? they're all community. i mean, it really isn't a community that they been able to have ownership in

don't push me, come close, keep the black community been push to it. and i think that is sort of why we see some uprising. we see no, yeah, he may begin to understand that black lives matter, but black lives, don't matter. black neighborhoods don't matter. oh, i came back here subsequently when i was a police officer and it was all bricked up all the windows to dois choice property. now the areas, gentrified, gentrification, i suppose on one hand is a good thing cuz you're cleaned up the neighborhood. it makes it nice, but my heart goes out to the people who once lived here who got moved down. because where those poor people go, you know, they were for saturday and neighborhood homes are gone. we of the country don't pay

attention to the places where people lose the homes that people will continue to go in circles and that really get to the root of the problem. ok. busy mm. when you look at a rain forest, you're seeing a very complex ecosystem. not only do you have these massive trees, but you have all the under story, all the animals, every leaf has its own individual ecosystem. when you add up all that you have this massive, massive complexity you compare that to say a cornfield. you have one species, a plant completely monoculture. and what you see is a very efficient undertaking, a lot of corn and very small space. but you certainly don't have the complexity and the ability to thrive. a reinforced, ah, what we did is we switch cities from being complex systems to course.

i, you look back in history, in the way humans evolved along with the city. and what you see is that messing this friction, that rubbing up against other people is an essential component. and there was a certain discomfort that went along with that. there was also a social dimension to it that we've just completely lost. ah, this pattern of development has allowed us to be intentionally in rate of pain and the hurt and the needs that go along and all of our places i use,

ah, ah ah, ah, the let's take a trip down memory lane through the history books, talk about geo politics, as it was a 100 years ago, 150 years ago from some big brain sort of looking at the big map and how that's relevant today.

so what we've got to do is identify the threats that we have. it's crazy foundation, let it be an arms race is often very dramatic development. only personally, i'm going to resist. i don't see how that strategy will be successful, very critical of time. time to sit down and talk or military mission against them will conclude on august 31st, i was assigned to who did a good, who would have thought the quote unquote, a young girl who will bundle you so much. you got to do that, you know, southern company will cut the cut over the whatever it was. okay. that was really the quote things alicia very good. this was the right weapon against the right hand corner bombarded from,

but it was on the old auto reveal the, the signing of the us to all about agreement and laid the groundwork for the road ahead toward a lasting peace in afghanistan. and i know we studied that mcdonald and her oh, i use

the lines. it's either pat taliban says it will no longer let afghan nationals access the capital port with the foreigners alive to reach the facility groups also confirmed, it was agreed to extend the united states the drop deadline beyond august, the 31st the more form interpreters he worked with nato forces, during the 28 campaign slammed the british government for not getting their families and relatives reprisals from the insurgents. and i, when power translators say, after years of loyalty, such treatment is a bitter reward. so i just done a great job. but why be curious,

just trying to get back to us. the 2nd shame we feel very.